Shoals Technologies Group, Inc.
Cash Flow Statement
| Line Item | Jun 2022 | Mar 2022 | Dec 2021 | Sep 2021 | Jun 2021 | Mar 2021 | Dec 2020 | Sep 2020 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $4.4M | $2.6M | $-1.8M | $2.5M | $4.6M | $-2.9M | $4.2M | $15.0M |
| Depreciation & Amortization | $2.3M | $2.7M | $3.4M | $2.2M | $2.1M | $2.4M | $3.0M | $2.1M |
| Depreciation | $500.0K | $400.0K | $400.0K | $500.0K | $400.0K | $400.0K | $400.0K | $400.0K |
| Amortization | $2.2M | $2.3M | $2.3M | $2.1M | $2.0M | $2.0M | $2.0M | $2.0M |
| Stock-Based Compensation | $4.1M | $3.8M | $4.9M | $2.2M | $2.8M | $1.4M | $1.0M | $515.0K |
| Net Cash from Operating Activities | $19.1M | $-25.9M | $2.6M | $7.4M | $3.7M | $-17.8M | $16.0M | $19.2M |
| Investing Activities | ||||||||
| Capital Expenditures | $1.3M | $882.0K | $1.6M | $747.0K | $873.0K | $863.0K | $450.0K | $1.4M |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-1.3M | $-882.0K | $-1.6M | $-13.7M | $-873.0K | $-863.0K | $-450.0K | $-1.4M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | — | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | $-7.1M | $30.3M | $-5.6M | $7.2M | $6.2M | $12.8M | $-14.7M | $-22.8M |
| Net Change in Cash | $10.7M | $3.5M | $-4.6M | $1.0M | $8.9M | $-5.8M | $828.0K | $-5.1M |
| Free Cash Flow | $17.8M | $-26.7M | $953.0K | $6.7M | $2.8M | $-18.6M | $15.5M | $17.7M |